AGL launches new offsite solar product

Solar panels were installed by AGL on the roof of the Kraft Heinz factory in Wagga Wagga. Image: supplied by AGL Energy

AGL has launched a new product that it says will make the savings from solar energy available to people living in households without access to traditional solar rooftop panels.

AGL general manger Energy Management Nick Ruddock said AGL Offsite Solar would suit households that wanted, but could not tap into, renewable energy.

“As a company that is committed to making energy more affordable for our customers and helping them manage their bills, AGL created this product to help the Australians who are not able to access the savings that solar energy can provide,” Mr Ruddock said.

“We believe this is the only product of its type in Australia available for the 80 per cent of Australian households that do not have solar, including people who are renting, living in apartments, have unsuitable roofs, cannot afford it or move too often to justify the cost.

“Customers who sign up to AGL Offsite Solar for $1 a day in the first year receive bill credits of about $50 per year plus loyalty credits of $33 per year in years two to seven.”

AGL owns the 500 kilowatt (kW) PV system installed on a Kraft Heinz factory in Wagga Wagga and receives payments for generation.

“Although AGL Offsite Solar customers are not directly using the energy from this solar system, their credits reflect the solar generation from the panels,” Mr Ruddock said.

“We estimate customers will break even on their subscription in about 4.6 years, a faster payback period than traditional rooftop solar and comes without the cost and hassle of installations and maintenance. Best of all, customers can take the service and savings with them when they move to an eligible home.”